Tipco Asphalt PCL Balance Sheet

Financials in millions THB. Fiscal year is January - December.

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,851	1,737	1,846	3,002	2,603	1,541
Cash & Short-Term Investments	1,851	1,737	1,846	3,002	2,603	1,541
Cash Growth	8.12%	-5.91%	-38.49%	15.29%	68.99%	-18.39%
Accounts Receivable	6,713	5,924	6,531	5,495	7,979	4,873
Other Receivables	13.95	105.53	143.06	160.59	122.25	77.25
Receivables	6,757	6,051	6,740	5,814	8,142	4,976
Inventory	5,541	5,189	5,930	4,908	4,983	6,371
Other Current Assets	632.05	552.03	408.03	656.38	778.75	1,384
Total Current Assets	14,781	13,528	14,925	14,380	16,507	14,271
Property, Plant & Equipment	6,915	6,726	7,298	7,755	8,326	8,979
Long-Term Investments	723.99	665.38	696.18	714.57	642.56	611.76
Goodwill	195.93	195.93	195.93	195.93	195.93	195.93
Other Intangible Assets	86.36	91.5	105.1	127.41	191.11	266.38
Long-Term Deferred Tax Assets	468.61	282.4	231.73	153.08	107.26	177.02
Other Long-Term Assets	574.12	529.66	337.18	337.98	287.06	300.1
Total Assets	23,745	22,019	23,789	23,664	26,257	24,801
Accounts Payable	2,815	1,815	1,878	1,726	2,584	2,063
Accrued Expenses	-	47.77	93.82	108.6	95.03	93.1
Short-Term Debt	3,217	3,383	2,994	2,288	3,342	3,416
Current Portion of Leases	84.74	81.5	100.12	114.43	101.79	107.74
Current Income Taxes Payable	287.1	131.74	370.17	121.65	520.01	115.02
Current Unearned Revenue	1,047	733.02	399.07	438.53	683.31	665.85
Other Current Liabilities	1,394	1,240	1,126	1,144	1,201	1,440
Total Current Liabilities	8,845	7,432	6,961	5,942	8,526	7,900
Long-Term Debt	-	-	-	-	-	7.72
Long-Term Leases	235.06	221.07	219.11	328.13	322.2	315.9
Pension & Post-Retirement Benefits	317.59	308.02	280.97	239.47	246.79	246.88
Long-Term Deferred Tax Liabilities	182.25	190.22	221.28	252.85	369.71	393.03
Other Long-Term Liabilities	-	-	13.39	-	-	-
Total Liabilities	9,580	8,151	7,696	6,762	9,465	8,864
Common Stock	1,578	1,578	1,578	1,578	1,578	1,578
Additional Paid-In Capital	1,327	1,327	1,327	1,327	1,327	1,152
Retained Earnings	13,232	12,773	14,331	14,508	14,175	13,458
Comprehensive Income & Other	-2,146	-1,974	-1,358	-1,077	-848.1	-820.69
Total Common Equity	13,991	13,705	15,878	16,337	16,233	15,368
Minority Interest	173.82	163.29	214.51	564.9	559.49	569.33
Shareholders' Equity	14,165	13,868	16,093	16,902	16,792	15,937
Total Liabilities & Equity	23,745	22,019	23,789	23,664	26,257	24,801
Total Debt	3,537	3,685	3,313	2,731	3,766	3,847
Net Cash (Debt)	-1,686	-1,948	-1,467	270.59	-1,162	-2,307
Net Cash Per Share	-1.07	-1.23	-0.93	0.17	-0.74	-1.46
Filing Date Shares Outstanding	1,578	1,578	1,578	1,578	1,578	1,578
Total Common Shares Outstanding	1,578	1,578	1,578	1,578	1,578	1,578
Working Capital	5,936	6,096	7,964	8,439	7,981	6,371
Book Value Per Share	8.86	8.68	10.06	10.35	10.28	9.74
Tangible Book Value	13,709	13,417	15,577	16,014	15,846	14,906
Tangible Book Value Per Share	8.69	8.50	9.87	10.15	10.04	9.44
Land	-	667.02	691.71	690.25	703.08	695.82
Buildings	-	897.9	1,016	1,021	992.3	1,088
Machinery	-	13,368	14,119	13,833	13,723	13,587
Construction In Progress	-	636.47	350.37	287.92	258.2	427.9

Source: S&P Global Market Intelligence. Standard template. Financial Sources.